RBC and National Bank report Q4 earnings
Dave McKay told analysts Wednesday that the economy could still suffer some blows
- By: Tara Deschamps, The Canadian Press, The Canadian Press
- December 2, 2020 December 2, 2020
- 10:27
Latest news in Industry News
Feds plan to issue first green bond next year
Canada's debt issuance has shifted to T-bills and long-term bonds
- By: Mark Burgess
- December 1, 2020 December 1, 2020
- 12:36
Mackenzie Financial to acquire Greenchip
Greenchip is an environmental investment manager focused on energy transition
- By: IE Staff
- December 1, 2020 December 1, 2020
- 12:20
Nasdaq seeks mandatory rule on board diversity for companies
Corporate boards are overwhelmingly white and male
- By: Michelle Chapman, The Associated Press
- December 1, 2020 December 1, 2020
- 10:08
Statistics Canada says economy grew at a record pace in third quarter of 2020
Loosened public health restrictions allowed businesses to reopen
- By: Jordan Press
- December 1, 2020 December 1, 2020
- 09:41
Scotiabank CEO ‘cautiously optimistic’ about Covid rebound, reports $1.9B Q4 profit
The bank was weighed down by support it offered through mortgage, credit card and personal loan programs
- By: Tara Deschamps, The Canadian Press
- December 1, 2020 December 1, 2020
- 09:33
BMO Financial Group reports Q4 profit climbed to nearly $1.6B, beats expectations
The bank has announced its capital markets energy business will now focus only on the Canadian energy sector
- By: Tara Deschamps, The Canadian Press
- December 1, 2020 December 1, 2020
- 09:22
Updated: Government moves ahead with relief for RDSP holders who lose DTC eligibility
Changes take effect Jan. 1, 2021
- By: Melissa Shin, Rudy Mezzetta
- November 30, 2020 December 4, 2020
- 18:24
Feds to allow up to $400 for home office expenses
A proposal in the fall economic statement aims to provide a simplified claim process
- By: Rudy Mezzetta
- November 30, 2020 December 15, 2020
- 17:43
Employee stock option changes to take effect July 1
CCPCs and employers with annual gross revenues of $500 million or less will be excluded
- By: Mark Burgess
- November 30, 2020 November 30, 2020
- 17:15
Deficit could hit $400B, according to fall economic statement
Finance Minister Freeland's update includes no specific "fiscal anchor"
- By: Jordan Press, IE Staff
- November 30, 2020 December 1, 2020
- 16:22
Women on boards jump 30% in last six years
More than one-third of appointments to large company boards since have gone to women since "comply or explain" mandate came into effect, finds KPMG
- By: Mark Burgess
- November 30, 2020 November 30, 2020
- 15:20
S&P Global buys IHS Markit in $44B deal joining data companies
Data collection has become pivotal on Wall Street as algorithms and high-speed trading overtake traditional stock picking
- By: Michelle Chapman, The Associated Press
- November 30, 2020 November 30, 2020
- 11:12
CRA assesses nearly $60 million under offshore tax informant program
Informants receive between 5% and 15% of tax collected as a result of tips
- By: Rudy Mezzetta
- November 27, 2020 December 15, 2020
- 12:13
Provinces push for delay in planned CPP premium bump
The details were in a letter sent to Finance Minister Chrystia Freeland two days ago
- By: Jordan Press, The Canadian Press
- November 26, 2020 November 26, 2020
- 15:42
Bitcoin rally ends
The cryptocurrency's price pulled back following news of possible regulation
- By: Fiona Collie
- November 26, 2020 November 26, 2020
- 13:48
Statistics Canada says number of business closures edged lower in August
The number of Covid-19 cases was far lower in August than in recent weeks
- By: The Canadian Press
- November 26, 2020 November 26, 2020
- 10:27
As economy struggles, Fed weighs boosting bond purchases
Since June, the Fed has been buying $120 billion in bonds each month
- By: Martin Crutsinger, The Associated Press
- November 26, 2020 November 26, 2020
- 10:20
Pension managers call for strengthened ESG disclosure by companies
A group of eight managers wants to foster more sustainable and inclusive growth
- By: The Canadian Press
- November 25, 2020 November 25, 2020
- 10:31
Alberta finance minister says outlook improves but budget deficit will be $21.3 billion
The updated revenue forecast for the province is almost $3 billion higher than the previous quarter
- By: Dean Bennett, The Canadian Press
- November 25, 2020 November 25, 2020
- 10:21
Federal economic update coming next week
The Liberals will provide an outlook for the economy as well as spending guidelines
- By: The Canadian Press
- November 24, 2020 November 24, 2020
- 10:38
CI takes majority stake in RGT Wealth Advisors
The deal for the Dallas-based RIA with US$4.7B in assets is CI's biggest in the U.S. so far
- By: Rudy Mezzetta
- November 24, 2020 December 15, 2020
- 09:04
Long awaited federal rent subsidy program for businesses hurt by Covid-19 opens today
The new program will cover 90% of rent or commercial mortgage interest for the hardest-hit firms
- By: The Canadian Press
- November 23, 2020 November 23, 2020
- 11:03
FSRA resumes oversight of PACE Credit Union
The credit union’s new directors couldn’t reach a consensus with FSRA on how to deal with PACE’s past misconduct
- By: IE Staff
- November 23, 2020 November 23, 2020
- 10:46
2021 TFSA limit announced
Federal tax brackets have also been updated for 2021
- By: Rudy Mezzetta
- November 20, 2020 November 20, 2020
- 17:22